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DTSTAMP:20260429T134853Z
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DTSTART;TZID=Europe/Dublin:20250327T131500
DTEND;TZID=Europe/Dublin:20250327T141500
CLASS:PUBLIC
CREATED:20241204T152048
DESCRIPTION: Title: Is Money in Index Funds Smart? \n\n Abstract: Passive f
 unds with inflows generate positive risk-adjusted returns during the\nsubs
 equent year and outperform funds with outflows\, consistent with the\nnoti
 on that index fund money is “smart.” Similar outperformance during the
 \nnext year is not present in active funds seeing higher inflows. Passive\
 nfunds that outperform see high inflows even though their performance does
 \nnot persist after accounting for size\, value\, and momentum. These find
 ings\nsuggest that the “smart money” effect in passive funds reflects 
 genuine\ninvestor ability\, where unexpected flows outperform\, and is not
  driven by\nthe expected flows associated with naïve trend chasing or by 
 price\npressure effects. \n\n Bio: Badrinath Kottimukkalur is an Assistant
  Professor of Finance\nat the George Washington University. His research i
 nterests include asset\npricing\, behavioral finance\, and mutual funds. H
 is work has been published in\nthe Review of Financial Studies and the Jou
 rnal of Financial and\nQuantitative Analysis. He received his PhD in Finan
 ce from Emory\nUniversity. Prior to PhD\, he did equity research on US Tec
 hnology stocks. He\nreceived his Bachelors in Electronics and Communicatio
 ns Engineering from\nCollege of Engineering\, Guindy and his PGPM in Finan
 ce from Great Lakes\nInstitute of Management. He is a CFA charterholder. \
 n\n Note: Tea/coffee and sandwiches will be served between 12:15 - 1:15 pm
  at room 419 (TBS Boardroom). \n\n Photographs will be taken during this s
 eminar and may be shared on social media. If you do not wish to appear\, p
 lease notify tbs.research@tcd.ie. \n
LAST-MODIFIED:20250328T112234
LOCATION:Room 231 & via Zoom
ORGANIZER:mailto:TBS.Research@tcd.ie
SUMMARY:Research Seminar: Assistant Professor Badrinath Kottimukkalur
URL;VALUE=URI:https://ti.to/trinity-business-school/research-seminar-badrin
 ath-kottimukkalur
URL;VALUE=URI:https://ti.to/trinity-business-school/research-seminar-badrin
 ath-kottimukkalur
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